🧠 Professional Market Playbook Date: Tuesday, May 13, 2025 Markets Covered: SPY | USO | GLD | BTC | XRP

🔹 SPY (S&P 500 ETF)

Trend:Cautiously Bullish — but momentum may fade→ Price Action:

• Gapped up and closed green → visually bullish
• BUT volume was light → no conviction = bull trap risk

→ Momentum Indicators:

• MACD still positive
• RSI approaching overbought
• Bollinger Bands widening → volatility incoming

→ Verdict: Cautiously Bullish — but expect pullback or stall soon→ 📈 Trade Setups (Options-Based):

1. Short-Term Bearish (Fade Play):
   • Put Debit Spread:
     • Buy SPY 575 Put
     • Sell SPY 565 Put
     • Expiry: 1–2 weeks out
2. Bullish Hedge (If Volume Catches Up):
   • Call Debit Spread:
     • Buy SPY 580 Call
     • Sell SPY 590 Call
     • Expiry: 2–3 weeks
3. Neutral-to-Bearish Income Play:
   • Call Credit Spread:
     • Sell SPY 585 Call
     • Buy SPY 590 Call
     • Expiry: 1–2 weeks

🔹 USO (United States Oil Fund)

Trend:Cautiously Bullish→ Price Action:

• Momentum turning upward
• Needs a confirmed breakout above $68–70
• Still trading under 50-day SMA → no full trend reversal yet

→ Verdict: Early reversal signs, but not confirmed→ 📈 Trade Setup:

• Bullish Call Debit Spread
  • Buy USO 70 Call
  • Sell USO 74 Call
  • Expiry: 2–4 weeks out

🔹 GLD (Gold ETF)

Trend: Long-Term Bullish, Short-Term Consolidating→ Momentum:

• MACD flattening
• RSI reset from overbought → currently neutral
• Volume mixed — accumulation visible on dips

→ Verdict:Bullish Bias with Short-Term Caution→ 📈 Trade Setups:

1. Support Bounce:
   • Sell Put Credit Spread:
     • Sell GLD 295 Put
     • Buy GLD 290 Put
     • Expiry: 2–3 weeks
2. Breakout Reload Play:
   • Call Debit Spread:
     • Buy GLD 310 Call
     • Sell GLD 320 Call
     • Expiry: 3–4 weeks

🔹 XRP (Ripple)

Trend:Bullish→ Price Action:

• Strong upside breakout with multiple stair-step legs
• Late-day consolidation looks healthy, not exhausted

→ Momentum:

• MACD and RSI both supportive of further upside
• Volume consistent — no major divergence

→ Verdict:Bullish — momentum breakout is valid

• Next key level: $2.52 → watch for continuation

🔹 Bitcoin (BTC/USD)

Trend:Bearish (Near-Term)→ Price Action:

• Morning spike failed
• Rejected hard and sold off into mid-afternoon
• No bounce → bearish pressure dominant

→ Momentum:

• MACD flattening, RSI rolling over
• Volume weaker on bounces → sellers in control

→ Verdict:Bearish (Short-Term)

• If no recovery above $104.6K soon, risk extends to $102K or lower